================================================================ HOME LOAN DOCUMENT CHECKLIST ================================================================ Property: ______________________ Date: ______________ IDENTITY AND ADDRESS — EVERY APPLICANT AND CO-APPLICANT ------------------------------------------------------- [ ] PAN card [ ] Aadhaar, with the name matching PAN exactly [ ] Passport, voter ID or driving licence as an additional identity proof [ ] Recent passport-size photographs [ ] Current address proof if you do not live at the Aadhaar address [ ] Proof of the relationship between applicant and co-applicant, where asked IF YOU ARE SALARIED ------------------- [ ] Salary slips for the last three to six months [ ] Form 16 for the last two financial years [ ] Income tax returns for the last two years with the acknowledgement [ ] Bank statements for the salary account, usually six months, from the bank directly [ ] Employment certificate or appointment letter, and the confirmation letter if recent [ ] Increment or bonus letters, where a variable component is part of your income [ ] Employee ID and the employer’s details, since many lenders grade the employer IF YOU ARE SELF-EMPLOYED OR RUN A BUSINESS ------------------------------------------ (Expect a longer look-back than a salaried file and prepare three years, not two.) [ ] Income tax returns for the last three years, with computation of income [ ] Audited balance sheet and profit and loss account for the same years [ ] Business bank statements, usually twelve months, plus personal statements [ ] GST registration and recent returns, if registered [ ] Business registration proof — shop and establishment, partnership deed, or incorporation papers [ ] Professional practice certificate, for doctors, architects, chartered accountants and similar [ ] Details of existing business loans and their repayment record EXISTING OBLIGATIONS -------------------- [ ] Sanction letters and statements for every running loan [ ] Credit card statements, if the lender asks [ ] Repayment track record for any loan closed in the last year, with the closure letter [ ] A recent credit report pulled by you, so you see what the lender will see PROPERTY PAPERS — A PURCHASE FROM A BUILDER ------------------------------------------- [ ] Allotment letter and the cost sheet [ ] Agreement for sale, registered where it has been executed [ ] Payment receipts for everything paid so far [ ] RERA registration certificate for the project [ ] Approved building plan and commencement certificate [ ] Occupancy certificate where the building is complete [ ] Builder’s tripartite agreement, where the lender requires one [ ] Confirmation that the project is on the lender’s approved list PROPERTY PAPERS — A RESALE PURCHASE ----------------------------------- [ ] Chain of previous sale deeds, as far back as the lender asks [ ] Current sale deed or agreement to sell with the present owner [ ] Encumbrance certificate for the period the lender specifies [ ] Khata, patta or the equivalent record in your state, and the latest property tax receipt [ ] Approved plan, and the occupancy certificate for the building [ ] Society share certificate and a no-dues certificate, for a flat in a society [ ] Society NOC for the transfer and for mortgaging the flat [ ] Seller’s identity papers and, if he holds a loan, the outstanding letter from his bank ADDITIONAL PAPERS FOR AN NRI APPLICANT -------------------------------------- [ ] Passport and valid visa, plus the work permit or residence permit [ ] Overseas address proof [ ] Employment contract, translated and attested where it is not in English [ ] Overseas salary slips and overseas bank statements [ ] NRE or NRO account statements in India [ ] Power of attorney in favour of a representative in India, in the lender’s format [ ] Overseas credit report, where the lender asks for one ================================================================ NOTE ================================================================ This template is a general starting point, not legal or tax advice. Stamp duty, registration charges, tax thresholds and notice periods are set by each state and change from year to year, so no rate or limit is stated here. Confirm the current position with the sub-registrar for the property, your state revenue portal or a qualified professional before you sign, pay or serve anything. Template from My Property Pages — https://mypropertypages.com/documents